Price for Coriander Seeds, Neither Crushed Nor Ground in Ecuador - 2022

Contents:

  1. Price for Coriander Seeds, Neither Crushed Nor Ground in Ecuador (CIF) - 2022
  2. Price for Coriander Seeds, Neither Crushed Nor Ground in Ecuador (FOB) - 2022
  3. Imports of Coriander Seeds, Neither Crushed Nor Ground in Ecuador
  4. Exports of Coriander Seeds, Neither Crushed Nor Ground in Ecuador

Price for Coriander Seeds, Neither Crushed Nor Ground in Ecuador (CIF) - 2022

In 2022, the average import price for coriander seeds, neither crushed nor ground amounted to $3,302 per ton, dropping by -26.1% against the previous year. In general, the import price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 42%. Over the period under review, average import prices attained the peak figure at $6,064 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($3,300 per ton), while the price for India ($2,804 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.5%), while the prices for the other major suppliers experienced a decline.

Price for Coriander Seeds, Neither Crushed Nor Ground in Ecuador (FOB) - 2022

In 2022, the average export price for coriander seeds, neither crushed nor ground amounted to $1,429 per ton, increasing by 9.2% against the previous year. Overall, the export price, however, showed a dramatic downturn. Over the period under review, the average export prices reached the maximum at $11,433 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Luxembourg.

From 2015 to 2022, the rate of growth in terms of prices for Luxembourg amounted to -28.5% per year.

Imports of Coriander Seeds, Neither Crushed Nor Ground in Ecuador

In 2022, the amount of coriander seeds, neither crushed nor ground imported into Ecuador skyrocketed to 12 tons, jumping by 176% compared with the previous year's figure. Overall, imports showed a significant expansion.

In value terms, imports of coriander seeds, neither crushed nor ground surged to $40K in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 110%. As a result, imports attained the peak of $47K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Coriander Seeds, Neither Crushed Nor Ground in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1.28.11.620.5157.5%
United States1.48.91.412.4106.9%
IndiaN/AN/A0.45.01150.0%
Germany4.123.60.3N/A-72.9%
Others15.86.615.82.0-49.8%
Total22.547.119.539.921.0%

Top Suppliers of Coriander Seeds, Neither Crushed Nor Ground to Ecuador in 2022:

  1. Italy (6.4 tons)
  2. United States (3.7 tons)
  3. India (1.8 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in Ecuador

Exports of coriander seeds, neither crushed nor ground from Ecuador contracted rapidly to 7 kg in 2022, shrinking by -46.2% against the previous year. Over the period under review, exports continue to indicate a significant decline.

In value terms, exports of coriander seeds, neither crushed nor ground shrank remarkably to $10 in 2022. In general, exports showed a dramatic curtailment.

Export of Coriander Seeds, Neither Crushed Nor Ground in Ecuador (USD)
COUNTRY20212022CAGR,
2021-2022
Luxembourg8.010.025.0%
Panama1.0N/A0%
Others8.0N/A0%
Total17.010.0-41.2%

Top Export Markets for Coriander Seeds, Neither Crushed Nor Ground from Ecuador in 2022:

  1. Luxembourg (7.0 kg)

Source: IndexBox Market Intelligence Platform

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